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Facebook could be fined more than $350 billion

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U.S.-based Facebook Inc. could be fined up to $529 billion Australia ($351 billion) in Australia for allegedly breaching privacy law by disclosing the personal details of more than 300,000 users for political profiling, Reuters reports. The Australian privacy regulator has filed a lawsuit against Facebook for sharing the personal information of 311,127 users with U.K.-based political consultant Cambridge Analytica Ltd. without their knowledge.

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